Bischoff, Ivo; Bohnet, Armin - In: Jahrbücher für Nationalökonomie und Statistik 220 (2000) 4, pp. 419-437
indicates that the impact of transaction costs on economic growth is a controversially discussed topic. Based on the method … transaction activities in all branches as well as a relatively faster growth of those branches where the share of transaction … steadily. A significant difference between the growth rates in productivity was not found. Hence there is no evidence that the …
